Frank Wood's Business Accounting, Volume 1, 14th edition

Published by Pearson (June 4, 2018) © 2018

  • Alan Sangster University of Aberdeen
  • Frank Wood

MyLab

£48.68

  • Reach every student with personalized support
  • Customize courses with ease
  • Optimize learning with dynamic study tools

Frank Wood’s Business Accounting Volume 1, the world’s best-selling textbook on book-keeping and accounting, continues to provide an indispensable introduction for students and professionals across the globe.

MyLab Accounting not included. Students, if MyLab Accounting is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab Accounting should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.

Now celebrating more than 50 years in publication, the 14th edition has retained all the essence of what makes this the go-to book for accounting and book-keeping, but has also undergone significant changes and revisions based on reviewer feedback.

New to this Edition

·    Maths for Accounting chapter

·    Part 6 ‘Checks and Errors’

·    Incorporation of new end-of-chapter questions

· Accounting Today chapter

  • Part 1 Introduction to financial accounting
  • 1 The background and the main features of financial accounting
  • 2 Recording transactions
  • 3 Inventory
  • 4 The effect of profit or loss on capital and the double entry system for expenses and revenues
  • 5 Balancing-off accounts
  • 6 The trial balance
  • 7 Accounting concepts and assumptions
  • Part 2 Books and transactions
  • 8 Books of original entry and ledgers
  • 9 Cash books
  • 10 The analytical petty cash book and the imprest system
  • 11 Accounting for sales, purchases, and returns
  • 12 The journal
  • 13 Value added tax (VAT)
  • Part 3 Financial statements
  • 14 Income statements
  • 15 Balance sheets
  • 16 Income statements and balance sheets: further considerations
  • 17 Capital expenditure and revenue expenditure
  • 18 Inventory valuation
  • Part 4 Accounting today
  • 19 Accounting today
  • Part 5 Adjustments for financial statements
  • 20 Bad debts, allowances for doubtful debts, and provisions for discounts on accounts receivable
  • 21 Depreciation
  • 22 Accruals and prepayments
  • Part 6 Checks and errors
  • 23 Control accounts
  • 24 Bank reconciliations
  • 25 Statements of cash flows
  • 26 Errors not affecting the balancing of the trial balance
  • 27 Suspense accounts and errors
  • Part 7 Special accounting procedures
  • 28 Receipts and payments accounts and income and expenditure accounts
  • 29 Manufacturing accounts
  • 30 Departmental accounts
  • 31 Joint ventures
  • Part 8 Partnership accounts and company accounts
  • 32 Partnerships
  • 33 Goodwill for sole proprietors and partnerships
  • 34 Revaluation of partnership assets
  • 35 Partnership dissolution
  • 36 Company accounts
  • 37 Purchase of existing partnership and sole proprietor businesses
  • Part 9 An introduction to financial analysis
  • 38 Maths for accounting
  • 39 Accounting ratios
  • 40 Single entry and incomplete records
  • 41 Analysis and interpretation of financial statements
  • Part 10 An introduction to management accounting
  • 42 An introduction to management accounting
  • Appendices
  • 1 Answers to review questions
  • 2 Answers to multiple choice questions
  • 3 Glossary
  • Index

Need help? Get in touch

MyLab

Reach every student with MyLab®. This flexible digital platform combines trusted author content, online assessments and customisable features so you can personalise learning and improve results, one student at a time.

Video
Play
Privacy and cookies
By watching, you agree Pearson can share your viewership data for marketing and analytics for one year, revocable by deleting your cookies.

Empower your students, in class and beyond

Meet students where they are with MyLab®, and capture their attention in every lecture, activity, and assignment using immersive content, customized tools, and interactive learning experiences in your discipline.